Many localities have disbursement rates lower than the national average.

This content was emphasized by Deputy Prime Minister Le Minh Khai at the Government Standing Committee conference with ministries, agencies and localities to urge the acceleration of public investment disbursement in 2023, which took place on the morning of November 27.

Speaking at the opening of the conference, Deputy Prime Minister Le Minh Khai said that over the past time, the Government and the Prime Minister have always focused on directing the promotion of disbursement of public investment capital, implementing the national socio -economic recovery and development plan, and the 3 National Target Programs.

In directing the implementation of promoting disbursement, Mr. Le Minh Khai stated that the Government has maintained 5 Working Groups to inspect and promote disbursement of public investment capital, established 26 working delegations led by Government members to work with localities to remove difficulties and obstacles, including removing disbursement of public investment capital in the last months of 2023.

Deputy Prime Minister Le Minh Khai. (Photo: VGP).

Citing the socio-economic report for the first 10 months of 2023, according to the Deputy Prime Minister, we achieved a disbursement rate of over 55% (51% in the same period last year), the absolute value also increased by about 100 trillion VND over the same period.

" Although we have done relatively well compared to last year, why does the Government Standing Committee have to organize this conference at the end of the year? Through detailed assessment, there are still many ministries, central and local agencies with disbursement rates lower than the national average ," Deputy Prime Minister Le Minh Khai emphasized.

Acknowledging many changes, Mr. Le Minh Khai also pointed out many shortcomings, limitations, difficulties, and obstacles, which have not yet promoted the driving force role of disbursement and implementation of public investment. In particular, in the same legal and directive environment, some agencies and localities have good disbursement, while others have slower disbursement.

Therefore, the Prime Minister directed that this conference must be held to evaluate in detail and specifically, to find out the reasons for slow disbursement of agencies and units.

The Deputy Prime Minister emphasized that the Government has clarified this cause in recent meetings. In addition, the Government has also urged and proposed many solutions, but up to now, in some units and localities, the progress of disbursement of public investment capital is still slow.

The Government Standing Committee's conference with ministries, agencies and localities urged to promote the disbursement of public investment capital in 2023. (Photo: VGP).

Deputy Prime Minister Le Minh Khai suggested that after the Ministry of Planning and Investment reports on the general disbursement of public investment capital in 2023, it is necessary to focus on ministries, branches and localities with slow disbursement, and report to clarify subjective and objective causes. On that basis, delegates proposed solutions for more than 1 month at the end of the year (in terms of volume), and regarding disbursement procedures, it must be by the end of January 2025, so that we can fulfill the task, the set target is to disburse no less than 95%.

Emphasizing that the current tasks are still very heavy in some localities and units, the Deputy Prime Minister requested ministries, branches and localities to focus on speaking directly to the issues, the focus and key points to reflect the difficulties and obstacles.

In addition, units and localities must propose effective solutions to achieve the goals set out in the 2023 Socio-Economic Development Plan, and implement the direction of the Government, Prime Minister, and Government Standing Committee on the disbursement of public investment capital in 2023.

41 Central ministries, agencies and 24 localities disbursed much lower than the national average.
According to the report of the Ministry of Planning and Investment, the disbursement result of the state budget capital plan in the first 10 months of 2023 nationwide is more than 389 trillion VND, reaching 55.02% of the plan assigned by the Prime Minister.
Up to now, the country's disbursement in 11 months is about 461 trillion VND, reaching 65.1%, higher than the same period (58.33%) and the absolute number is nearly 123 trillion VND higher.
Regarding the disbursement situation of 41 ministries, central agencies and 24 localities, the disbursement rate of public investment capital in the first 10 months of 2023 is below the national average. The report said that the disbursement result of the state budget investment plan in the first 10 months of 2023 of 41 ministries, central agencies and 24 localities was VND 102.3 trillion, reaching 36.1% of the plan assigned by the Prime Minister.
To date, the estimated disbursement in the first 11 months of 2023 of the above-mentioned ministries, central agencies and localities is about 125 trillion VND, reaching 44.12% of the plan assigned by the Prime Minister, much lower than the general disbursement rate of the whole country at 65.1%.
However, among the above-mentioned Ministries and localities, there are some Ministries and localities with an average disbursement rate of 11 months higher than the average of other countries such as: Office of the National Assembly (83.61%), Ministry of Public Security (70.01%), Voice of Vietnam (68.49%), Hung Yen (68.60%), Quang Ngai (68.29%).

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